Sheffield Wednesday want to take Southampton striker Billy Sharp, 27, on a six-month loan deal with view to a permanent switch.

Arsenal are set to complete the £14million signing of Bayern Munich's Brazil midfielder Luiz Gustavo and are set to bid £50m for Liverpool's Luis Suarez.

Manchester United defender Rafael da Silva is set to miss the opening month of the season with a hamstring injury.

Liverpool winger Stewart Downing is set to leave Anfield with West Ham and Newcastle both tracking him.

Daniel Agger's agent Per Steffensen has confirmed that Barcelona have made a 17 million euros bid for the Liverpool defender.

Tottenham have been told that Roma's Argentina forward Erik Lamela will cost them £30million.

LA Galaxy have joined Chelsea and Inter Milan in showing an interest in Anzhi Makhachkala striker Samuel Eto'o who is valued at £13million.

Sunderland have entered the race to sign Juventus striker Fabio Quagliarella and have also enquired about taking Alessandro Matri on loan.

Manchester United may offer competition to Real Madrid in the pursuit of Gareth Bale this week, with Tottenham Hotspur seemingly more receptive to the English champions, having become deeply frustrated by negotiations with the Spanish side.